(a)
To approximate: .The relative extreme of the model over its domain.
(a)
Explanation of Solution
Given: The revenue is modelled by
The graph of the revenue function is shown below.
Figure (1)
The relative
The relative
Therefore, the relative maxima occurs at
(b)
To approximate: .The interval over which the revenue of the company is increasing and decreasing over its domain.
(b)
Explanation of Solution
Given: The revenue is modelled by
The graph of the revenue function is shown below.
Figure (1)
The increasing interval is at
The relative minima is at
Therefore, the revenue is increasing in the interval
(c)
To find: .The company’s revenue during this time period.
(c)
Explanation of Solution
Given: The revenue is modelled by
From
Chapter 2 Solutions
EBK PRECALCULUS W/LIMITS
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